IFCI Limited has posted a phenomenal increase in net profit for the year FY11 (ending Mar 2011). During the said period, net profit rises to Rs 745.53 crore in comparison to the Rs 693.04 crore of FY10 (ending Mar 2010).Corporate Financial Advisory &Consultancy (IFCI)’s principal activities are to provide project finance, financial services and investments.
The company informed the share market (BSE/NSE) that the total income increased to Rs 1760.89 crore in quarter ended Apr 2011 when compared with the last years same quarter ended Apr 2010 which was Rs 2630.51 crore.
IFCI Board recommends Dividend of Rs.1 for 2010-11
Share’s Data :-
BSE Code : 500106
Mkt. Cap: Rs 3,939.85 Crores
IFCI Ltd. share’s CMP is Rs 53.40 on 19th Apr 2011.
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